Answer:
The price for one dozen cinnamon rolls is $18.
Step-by-step explanation:
We are given the following in the question:
Money spend on making one dozen of cinnamon rolls = $3
Marked price = 500% of the making cost
We have to find the price for one dozen cinnamon rolls.
Marked Price =
[tex]500\% \times 3\\\\=\dfrac{500}{100}\times 3\\\\=15[/tex]
Selling price = Marked price + Cost price
[tex]=15+3\\=\$18[/tex]
Thus, the price for one dozen cinnamon rolls is $18.
